News Summary

• Uber ended its 12-year run in Nigeria and about a decade in Uganda on September 2.
• The company said the decision followed a “thorough review’ of its business priorities.
• Uber did not provide specific reasons for the Nigeria exit.
• The closures do not point to a simple lack of demand.
• Instead, they highlight a harder calculation: whether platforms can keep fares affordable for passengers, whether drivers can earn enough to stay on the road and whether commissions are high enough to make the business worthwhile.